Rapid transition to online bookings in the coming years - The global travel market is forecasted to grow 6-10% annually through 2026, with online bookings expected to reach 65% of all travel by 2026.
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How technology and data are redefining hotel distribution - Maintaining an offline distribution network can be costly and time-consuming and often requires substantial discounts and incentives to intermediaries.
Sep 20, 2024 • Hospitality
Booking.com suffers legal defeat in EU over best price clauses - The OTA suffered a defeat on Thursday with its former best-price clauses before the EU's top court, the European Court of Justice (ECJ).
Sep 20, 2024 • Hospitality
Slowdown in travel spending just a blip? - Marriott is watching to see if higher-end consumers continue to pull back on travel spending in the third quarter.
Sep 20, 2024 • Hospitality
Marriott shifting loyalty from transactional to emotional - Hotel loyalty programs are often associated with earning points for free nights, but Marriott sees their potential to go beyond these traditional offerings.
Sep 20, 2024 • Hospitality
Rebuilding Expedia - Some parts of Expedia Group faced challenges during the recent technology migration, and the new CEO is focused on rebuilding and moving forward.
Sep 20, 2024 • Hospitality
'Algorithmic' hotel pricing draws legal, regulatory scrutiny - Competition authorities on both sides of the Atlantic are scrutinizing the use of algorithms in pricing strategies, concerned that they may enable price-fixing and collusion.
Sep 20, 2024 • Hospitality
Airbnb's future is not just about travel - At the 2024 Skift Global Forum in New York, the company's CEO said that he hopes to eventually expand beyond just short-term rentals and even travel.
Sep 19, 2024 • Hospitality
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